Question

Regardless of the differences in format, a common feature that should be present in any Cost-of-Quality (COQ) Report is that the report: (pick one)

-Promotes the management and control of quality-related costs.
-Classifies costs by product line.
-Classifies costs by cost center or profit center.
-Classifies costs by behavior (e.g., fixed versus variable).
-Classifies costs by the external value stream.

Answer 1

A common feature that should be present in any Cost-of-Quality (COQ) Report is the classification of costs by behavior (e.g., fixed versus variable).

Step-by-step explanation:

In a Cost-of-Quality (COQ) Report, a common feature that should be present is the classification of costs by behavior (e.g., fixed versus variable).

This classification helps in understanding the different types of costs incurred in relation to the behavior of those costs. For example, fixed costs remain constant regardless of the level of production, while variable costs change with the level of production.